Suppliers of Consumer Products
The suppliers of durable or non-durable consumer products are jointly liable for imperfections in quality that render the products unfit or improper for consumption and those resulting from inconsistency with the information provided on the container, packaging, labels or advertisement as well as for imperfections in the quantity of the product when their net content is less than that indicated in the container.
Directors, Trustees and Officers of Corporations
Directors, trustees, and officers of corporations who willfully and knowingly vote for or assent to patently unlawful acts of the corporation or who are guilty of gross negligence or bad faith in directing the affairs of the corporation or acquire any personal or pecuniary interest in conflict with their duty shall be jointly and severally held liable for all damages suffered by the corporation, its stockholders, members and other persons . Directors of corporations are required to act in utmost good faith .
Tags: Business
February 5th, 2012 at 10:57 pm
haircuts…
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